A recent article by The Citizen citing data from the Central Bank of Kenya today mentions:
The value of goods that Kenya imports from Tanzania — including cereals, wood, and edible vegetables — hit a high of Sh370 billion in the review period, according to data from the Kenya Revenue Authority (KRA) published by the CBK.
The 70.06 percent surge in goods bought from Tanzania outpaced that of exports, which grew at a five-year high, resulting in a rare trade deficit of Sh21.02 billion.
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Burhani Associates & Co celebrates this report alongside all export businesses in Tanzania. Increased exports means the country is producing more value realised by other countries.
Our firm provides various accounting-related services to Tanzanian firms, including audit, advisory, taxation, and payroll management.